· Pump prices for regular unleaded gasoline rose three cents last week to an average $2.32 per gallon. That left this month's average price for gasoline up seven cents from the November average of $2.23.

· The spot market (NY harbor) price for a gallon of regular gasoline has surged recently with the price yesterday at $1.74 per gallon versus an average $1.66 last week. 

· Oil prices also have been firm with the price yesterday for WTI crude at $62.22 (8.5% y/y).

· The latest Short-Term Energy Outlook from the U.S. Energy Information Administration is available here.